UK's Checkit rises on higher FY revenue
24/04/2023 09:40
April 24 (Reuters) - ** Shares of technology
platform co Checkit plc CKT.L rise 3.6% to 29 pence
** Co's board expects to meet market expectations for FY24
** Says sales momentum in current year in line with its
expectations
** CKT reports 28% jump in FY23 recurring revenue at 11.5
mln stg, 22% rise in annual revenue from cont ops at 10.3 mln
stg
** Co's full-year performance helped by from strong customer
net retention and cost savings
** Including session's gains, stock is up 52.63% YTD
(Reporting by Saikeerthi in Bengaluru)
((Saikeerthi@thomsonreuters.com;))